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That's Versatile! Investment - 5 Year Lease

66-68 Avalon Drive, Frankton

Industrial Buildings
dollar

$1,325,000 Plus GST (if any)

Floor area
244m2
Land area
2023m2
Title type
Freehold
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Property details

Listing # 5803373 | Listed on 11 December
  • 5-year lease to Versatile Homes & Buildings
  • Returning $75,000 +GST and outgoings per annum
  • Built in rental growth
  • Two freehold titles totaling 2,023sqm (more or less)
  • Zoned Industrial
  • Fantastic profile to busy Avalon Drive

Secured by a 5-year lease to Versatile Homes & Buildings, a well-known national operator, this tenanted investment offers a compelling opportunity. The property returns $75,000 + GST and outgoings per annum, with built-in rental growth providing dependable uplift throughout the lease term.

Positioned on two freehold titles totaling 2,023sqm (more or less), the site benefits from Industrial zoning and an excellent, high-visibility position along busy Avalon Drive. The strong profile, combined with the practicality of the site, supports long-term investment confidence.

A straightforward, stable investment with income security, growth, and a prime location.

Contact the sole agents today to discuss.

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